Professional Liability Insurance with Cyber Coverage
Argo Pro's policy is designed to protect professionals in their provision of, or failure to, provide services.
Insured faces lawsuit alleging the closing documents were mishandled, causing delay or no sale.
Insured’s computer was hacked, resulting in lawsuit over stolen client data.
Crisis Management Expenses
A data breach has become so well publicized that a PR firm has to be hired to manage the crisis.
Insured who has to attend a disciplinary
hearing for professional misconduct is reimbursed for legal fees and expenses.
Costs related to complying with subpoena, such as gathering documents or preparing
for a deposition, are reimbursed.
An insured receives a phishing email and mistakenly transfers client’s money to a fraudulent account. The client demands reimbursement for his or her loss of funds.